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Unibail-Rodamco completes acquisition of Westfield

Unibail-Rodamco has completed its acquisition of the Westfield shopping centre business.

SHOPPING CENTRES & RETAIL PARKS

Unibail-Rodamco completes acquisition of Westfield

Unibail-Rodamco has completed its acquisition of the Westfield shopping centre business.

With a portfolio valued at €62 billion, of which 88% is in retail, the new Unibail-Rodamco-Westfield group now owns and operates 102 shopping centres in 13 countries.

Some of its current development projects include the Mall of the Netherlands, Triangle in Paris, Westfield Milan and a new joint Westfield and Hammerson scheme in Croydon.

Christophe Cuvillier, group chief executive of Unibail-Rodamco-Westfield, said: “We look forward to writing together a new chapter in our history. With an unparalleled track-record and know-how in retail, offices and convention and exhibition venues, the group is ideally positioned to generate superior value and develop world-class projects.” 

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